Stock Trend Analysis Report
Prepared for you on Friday, June 2, 2023.
WiMi Hologram Cloud Inc. - American Depositary Share (NASDAQ:WIMI)
Sidelines Mode (-55) - WIMI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid WIMI?
MarketClub looks at technical strength and momentum to determine if the timing is right for WIMI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WIMI
The long-term trend has been DOWN since May 2nd, 2023 at 0.81
The intermediate-term trend has been DOWN since Apr 24th, 2023 at 1.00
The short-term trend has been UP since Jun 1st, 2023 at 0.95
Smart Scan Analysis for WIMI
Based on our trend formula, WIMI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.38||52wk High Date||2022-06-24|
|52wk Low||0.563||52wk Low Date||2022-11-14|
|Average Volume||323,284||Shares Outstanding||5,500|